4. Richard Pelan
Innovation Advisor
Supply Chain Opportunities in the Bioenergy Sector
AFBI
5thDecember 2014
5. Introduction
•Innovation Escalator
•Grant for R&D
•Funding available
•Criteria for funding
•Aspects of a successful application
•Invest NI wider innovation programmes
7. Grant for R&D < £50k Support
•Specifically for small business
•Up to £50k grant, Up to 75% funding
•Streamlined application form
•Option to start at your own risk
•Short turnaround times from application to offer
•Funding for Invest NI clients and potential clients
8. Grant for R&D > £50k Support
•Open to any size of business
•For Projects >£50k grant
•More detailed application form
•Support to define your project
•Option to start at your own risk
•Turnaround times dependant on size of project
•Funding for Invest NI clients and potential clients
9. •Max £50K grant
•Guide -5-10% of estimated main project costs
•Internal staff time
•Consultancy
•Travel & Subsistence
•Intellectual Property
Project Definition –Eligible Costs (SME’s*)
10. Grant for R&D
Eligible Costs
•Internal staff time
•Consultancy
•Sub-contracting
•Materials
•Trials & Testing
•Intellectual Property
•Equipment Depreciation
•Travel
-Materials
-Travel & Subsistence
11. Enhanced Support for Companies that are ‘New to R&D’ or who collaborate
New to R&D;
•Small company with less than 50 employees
•Not in receipt of Invest NI’s R&D support within last 5 years
•May have potential to export at a future date
Collaboration bonus;
•Potential additional 15% support to collaborate
12. Invest NI’s criteria for funding
•Additionality
•Mobility
•Displacement
•Viability
•Risk
•Value for Money
13. Project
•Level of Innovation
•Technical Risk and R&D Challenge
•Potential to create IP
•Exploitation Potential
•Company & Economic Benefit
Aspects of Successful Applications
Company / Applicant
•Management Ability & Staff Expertise
•Additionality
•Viability
•Track Record
14. Get freeadvice
•Speak to your Innovation Advisor
•Why?
–Our time to you is not limited
–We have experience in your sector
–We know how the Grant for R&D scheme works
–There is NO cost to your business for assistance to fill in your application
15. Other available support
•Innovation Vouchers
•Knowledge Transfer Partnership
•Innovate UK -competitions
•Small Business Research Initiative, SBRI
•Design Development Programme
•Enterprise Europe Network
•R&D Tax Credits and Patent Box
16. Thank you for your attention
Richard.pelan@investni.com
07780002603